Social contributions by type of contributors in Latvia
Latvia: Social contributions by type of contributors was 4,430 Million euro in 2024. ◆ Volatile
Latest (2024)
4,430 Million euro
Change on year
up 9.5%
World rank
38th
of 45 countries
All-time high
4,430 Million euro
in 2024
All-time low
586.84 Million euro
in 1997
Years of data
28
1997–2024
Social contributions by type of contributors in Latvia, 1997–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for social contributions by type of contributors in Latvia is 4,430 Million euro, measured in 2024. That is the highest value across all 28 years on record.
The figure is up 9.5% on the previous year and up 116.9% over ten years.
Over the whole period, social contributions by type of contributors in Latvia peaked at 4,430 Million euro in 2024 and was at its lowest, 586.84 Million euro, in 1997.
That places Latvia 38th out of 45 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions by type of contributors in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 1997 | 586.84 Million euro | — |
| 1998 | 658.4 Million euro | +12.2% |
| 1999 | 738.72 Million euro | +12.2% |
| 2000 | 858.54 Million euro | +16.2% |
| 2001 | 883.29 Million euro | +2.9% |
| 2002 | 936.49 Million euro | +6.0% |
| 2003 | 905.59 Million euro | -3.3% |
| 2004 | 994.57 Million euro | +9.8% |
| 2005 | 1,116 Million euro | +12.2% |
| 2006 | 1,427 Million euro | +27.9% |
| 2007 | 1,877 Million euro | +31.5% |
| 2008 | 2,086 Million euro | +11.1% |
| 2009 | 1,753 Million euro | -16.0% |
| 2010 | 1,584 Million euro | -9.6% |
| 2011 | 1,791 Million euro | +13.0% |
| 2012 | 1,958 Million euro | +9.3% |
| 2013 | 2,055 Million euro | +5.0% |
| 2014 | 2,042 Million euro | -0.6% |
| 2015 | 2,124 Million euro | +4.0% |
| 2016 | 2,194 Million euro | +3.3% |
| 2017 | 2,354 Million euro | +7.3% |
| 2018 | 2,658 Million euro | +12.9% |
| 2019 | 2,915 Million euro | +9.7% |
| 2020 | 2,942 Million euro | +0.9% |
| 2021 | 3,146 Million euro | +6.9% |
| 2022 | 3,710 Million euro | +17.9% |
| 2023 | 4,047 Million euro | +9.1% |
| 2024 | 4,430 Million euro | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 661.32 Million euro | 586.84 Million euro | 738.72 Million euro | 3 |
| 2000s | 1,284 Million euro | 858.54 Million euro | 2,086 Million euro | 10 |
| 2010s | 2,168 Million euro | 1,584 Million euro | 2,915 Million euro | 10 |
| 2020s | 3,655 Million euro | 2,942 Million euro | 4,430 Million euro | 5 |
Countries ranked near Latvia
More reference data data for Latvia
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- Cooling and heating degree days by NUTS 2 regions - monthly data -2.4 % change on previous year (2025)
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
Frequently asked questions
- What is social contributions by type of contributors in Latvia?
- Social contributions by type of contributors in Latvia was 4,430 Million euro in 2024, according to Eurostat.
- What is the highest social contributions by type of contributors recorded in Latvia?
- The highest recorded value was 4,430 Million euro in 2024.
- What is the lowest social contributions by type of contributors recorded in Latvia?
- The lowest recorded value was 586.84 Million euro in 1997.
- How does Latvia rank for social contributions by type of contributors?
- Latvia ranks 38th out of 45 countries with data for 2024.
- Is social contributions by type of contributors rising or falling in Latvia?
- Over the last ten years it is up 116.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Social contributions by type of contributors. Statizoid updates them automatically from the source API.
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